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LONDON BROKER RATINGS: UBS cuts Vodafone; RBC cuts Frasers, ups Dunelm

ALN

The following London-listed shares received analyst recommendations Monday morning and on Friday:

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FTSE 100

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JPMorgan raises Standard Chartered target to 1,770 (1,690) pence - ’overweight’

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UBS cuts Vodafone to ’sell’ (neutral) - price target 80 (72) pence

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Citigroup cuts Severn Trent price target to 2,849 (2,875) pence - ’neutral’

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Citigroup raises United Utilities price target to 1,327 (1,261) pence - ’buy’

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Berenberg raises Shell price target to 3,250 (3,000) pence - ’buy’

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Citigroup raises Shell price target to 2,700 (2,650) pence - ’neutral’

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Citigroup raises BP price target to 525 (475) pence - ’buy’

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RBC raises Legal & General price target to 210 (200) pence - ’underperform’

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Barclays raises Informa price target to 1,125 (1,000) pence - ’overweight’

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Goldman Sachs raises Convatec price target to 340 (330) pence - ’buy’

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Canaccord raises Sage Group to ’hold’ (sell) - price target 1,100 (1,080) pence

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FTSE 250

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BofA cuts Ocado price target to 330 (400) pence - ’buy’

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Barclays cuts Ocado price target to 200 (260) pence - ’underweight’

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Citigroup cuts Pennon to ’neutral’ (buy) - price target 542 (539) pence

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RBC cuts Frasers to ’sector perform’ - price target 800 (775) pence

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RBC raises Dunelm to ’outperform’ - price target 1,300 (1,200) pence

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Goldman Sachs raises Ceres Power price target to 480 (246) pence - ’buy’

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Goldman Sachs raises Tritax Big Box REIT price target to 190 (180) pence - ’buy’

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